# Data Storage Market revenue is expected to increase at a CAGR of 13.6% during 2021-2025
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-10-12
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: MEA Data Storage Market: Growth Trends and Key Players
Meta Description: Discover the latest trends and growth opportunities in the MEA data storage market, projected to reach US$8,431.3 Mn by 2025 with a CAGR of 13.6%.
URL: https://financedigest.com/data-storage-market-revenue-is-expected-to-increase-at-a-cagr-of-13-6-during-2021-2025html

The [MEA data storage market](https://www.futuremarketinsights.com/reports/middle-east-data-storage-market) was valued at US$ 2,790 Mn in 2016 and is projected to reach US$ 8,431.3 Mn by 2025 end. Sales revenue is expected to increase at a CAGR of 13.6% during the forecast period i.e. 2017–2025. According to a new report published by Future Market Insights titled **“Data Storage Market: Middle East & Africa Industry Analysis (2012-2016) and Opportunity Assessment (2017–2025),”** major factors responsible for the growth of the data storage market in MEA include increased investments in infrastructure, a notable shift in data centre investments from being server centric to more data and storage centric, and increased adoption of entry-level and mid-range storage devices.

**MEA [Data Storage Market:](https://www.financedigest.com/identity-access-management-market-is-set-to-surpass-a-worth-of-us-49-3-billion-at-a-steady-cagr-of-13-1-by-2033-get-deep-data-analysis-by-our-experts-at-fmi.html "Identity & Access Management Market is Set to Surpass a Worth of US$ 49.3 Billion at a Steady CAGR of 13.1% by 2033. Get Deep Data Analysis by Our Experts at FMI") Prominent Trends**

- Adoption of hybrid [cloud storage solutions by small and medium enterprises](https://www.financedigest.com/enterprise-training-and-the-future-of-cloud-computing.html "Enterprise Training and the Future of Cloud Computing") and software defined storage solutions by large enterprises
- Demand changes in OPEX and CAPEX
- Emergence of enterprise flash controllers
- Demand for [secure data](https://www.financedigest.com/assurance-v-security-reassessing-responsibility-for-data-assurance.html "Assurance v Security: Reassessing Responsibility for Data Assurance") storage solutions in defence, aerospace and BFSI verticals
- Adoption of cloud based [data storage solutions](https://www.financedigest.com/aon-introduces-new-cyber-solution-in-response-to-eu-regulation-on-data-protection.html "Aon introduces new cyber solution in response to EU regulation on data protection") with hyper-converged infrastructure

**To Get Sample Copy of Report visit @ [https://www.futuremarketinsights.com/reports/sample/rep-gc-1237](https://www.futuremarketinsights.com/reports/sample/rep-gc-1237)**

**MEA Data [Storage Market:](https://www.financedigest.com/the-lysosomal-storage-diseases-market-to-have-growth-devised-on-innovation.html "The Lysosomal Storage Diseases Market to have growth devised on innovation") Segmental Analysis**

The MEA data storage [market covers consumer data storage devices](https://www.financedigest.com/self-sampling-blood-collection-and-storage-devices-market-to-hit-us-310-6-mn-globally-by-2031-at-11-9-cagr-transparency-market-research.html " Self-sampling Blood Collection and Storage Devices Market to Hit US$ 310.6 Mn, Globally, by 2031 at 11.9% CAGR: Transparency Market Research") and enterprise data storage solutions. For each of these categories, the [market has been segmented on the basis of end](https://www.financedigest.com/artificial-saliva-market-is-expected-to-grow-at-a-cagr-of-13-9-by-the-end-of-2017-2025.html "Artificial Saliva Market Is Expected To Grow At A CAGR Of 13.9% By The End Of 2017-2025") user, vertical and region. On the basis of storage type, the GCC data storage [market is segmented into consumer storage and enterprise](https://www.financedigest.com/demand-for-lifesciences-enterprise-storage-market-to-reach-us-2-6-bn-by-2026.html "Demand for Lifesciences Enterprise Storage Market to Reach US$ 2.6 Bn by 2026") storage. In terms of revenue, enterprise storage is projected to be the most attractive segment in the GCC data storage [market during the forecast period](https://www.financedigest.com/vision-screeners-market-is-expected-to-grow-at-a-cagr-of-5-9-during-the-forecast-period-2022-2029-to-reach-us-815-2-mn-fmi.html "Vision Screeners Market is expected to grow at a CAGR of 5.9% during the forecast period 2022-2029 to reach US$ 815.2 Mn: FMI"). The enterprise storage segment is also [expected to register high Y-o-Y growth rates throughout the forecast period and is expected to expand at a robust CAGR](https://www.financedigest.com/wood-coatings-market-is-expected-to-increase-at-a-cagr-of-5-9-from-2022-to-2032-attributing-to-the-increasing-housing-demand-on-a-large-scale-globally-future-market-insights-inc.html "Wood Coatings Market is expected to increase at a CAGR of 5.9% from 2022 to 2032 Attributing to the Increasing Housing Demand on a Large Scale Globally | Future Market Insights, Inc.") between 2017 and 2025. On the basis of end user, the GCC [data storage market](https://www.financedigest.com/interoperability-of-data-to-accelerate-the-medical-tapes-market.html "Interoperability of data to accelerate the Medical Tapes Market") is segmented into commercial and residential segments. The residential segment was valued at US$ 467.8 Mn in 2017 and is [expected to witness a CAGR](https://www.financedigest.com/plant-based-ice-creams-market-expected-to-grow-at-a-cagr-of-9-3-during-2021-2031.html "Plant Based Ice Creams Market Expected to Grow at a CAGR of 9.3% During 2021-2031") of 14.7 **%** during the forecast period.

**[MEA Data Storage Market:](https://www.financedigest.com/mea-direct-to-consumer-laboratory-testing-market-statistics-demand-and-forecasts-to-2031.html "MEA Direct-to-Consumer Laboratory Testing Market Statistics, Demand and Forecasts to 2031") Forecast by Region**

The GCC region is segmented into Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. In [terms of revenue](https://www.financedigest.com/chemical-injection-metering-pumps-valves-market-to-surge-at-a-robust-pace-in-terms-of-revenue-over-2021-2031.html "Chemical Injection Metering Pumps & Valves Market to Surge at a Robust Pace in Terms of Revenue over 2021 – 2031"), UAE followed by Qatar are the two leading data storage markets within the GCC data storage market. UAE is the fastest growing regional [data storage market within GCC with a growth rate](https://www.financedigest.com/dollar-firms-after-u-s-labor-data-suggests-more-rate-hikes.html "Dollar firms after U.S. labor data suggests more rate hikes") of 15.7% during 2017 – 2025. In terms of revenue, UAE is projected to be the most attractive market in the GCC data storage market during the forecast period and is also [expected to register high Y-o-Y growth rates](https://www.financedigest.com/ecbs-makhlouf-expects-50-bps-rate-hike-in-december.html "ECB’s Makhlouf expects 50 bps rate hike in December") throughout the period of assessment.

**Ask More About This Report@ [https://www.futuremarketinsights.com/ask-question/rep-gc-1237](https://www.futuremarketinsights.com/ask-question/rep-gc-1237)**

**MEA Data Storage Market: Key Players**

IBM Corporation, Microsoft Corporation, VMware, Inc., Hewlett Packard Enterprise Co., NetApp Inc., Open Text Corp., SanDisk Corporation, Hitachi Data Systems, EMC Corporation (Dell Inc.), and Nexenta Systems are some of the [key players operating in the MEA data](https://www.financedigest.com/sterling-edges-lower-ahead-of-key-data.html "Sterling edges lower ahead of key data") storage market.

**About FMI**

[Future Market Insights](https://www.financedigest.com/premium-chocolate-market-is-expected-to-have-a-cagr-of-8-8-through-2032-future-market-insights-inc.html "Premium Chocolate Market is Expected to have a CAGR of 8.8% through 2032 | Future Market Insights Inc. ") (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. [FMI](https://www.futuremarketinsights.com/) is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest [market research reports](https://www.futuremarketinsights.com/) and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated [market research reports deliver actionable insights](https://www.financedigest.com/ibuprofen-api-market-to-reach-us-772-2-million-by-2029-and-is-anticipated-to-increase-at-3-cagr-future-market-insights-inc.html "Ibuprofen API Market to Reach US$ 772.2 Million by 2029, and is anticipated to increase at 3% CAGR: Future Market Insights, Inc") that drive sustainable growth. A [team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs](https://www.financedigest.com/why-finance-teams-need-to-go-beyond-numbers-to-an-active-relationship-with-data.html "Why finance teams need to go beyond numbers to an active relationship with data ") of their consumers.

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